Greaves Cotton Limited — Others, 27-01-2025: Change in Director(s)

Greaves Cotton Limited has announced a board meeting to discuss key changes in the leadership structure. Mr. Parag Satpute has been appointed as the Managing Director & Group Chief Executive Officer, effective April 14, 2025, for five years, subject to shareholder approval. He brings 29 years of experience, previously serving as President of Bridgestone's Fleet Business in Europe and leading their India operations. Additionally, Dr. Arup Basu will transition to Chief Executive Officer – Greaves Engineering on the same date. This leadership reshuffle aims to enhance operational efficiency and strategic direction, potentially fostering a positive outlook for shareholders as the company evolves its management structure.